Reliance Global Group Inc (RELI)

[shanak10]

About MM's

Makers Market are member firms appointed by the stock exchange to maintain the liquidity and trade volume into stock markets. A Market Maker is commonly known as a broker firm that provides purchase and sale options for investors in order to keep the financial markets volatile.
Market Makers make money from buying shares at a lower price to which they sell them. This is the bid/offer spread. The more actively a share is traded the more money a Market Maker makes. It is often felt that the Market Makers manipulate the prices
A market maker must commit to continuously quoting prices at which it will buy (or bid for) and sell (or ask for) securities. Market makers must also quote the volume in which they're willing to trade, and the frequency of time it will quote at the Best Bid and Best Offer (BBO) prices. Market makers must stick to these parameters at all times, during all market outlooks. When markets become erratic or volatile, market makers must remain disciplined in order to continue facilitating smooth transactions.
The more actively a share is traded the more money a Market Maker makes. It is often felt that the Market Makers manipulate the prices. ... Your broker using the same systems as you now have can sometimes get a better price than those on the screen. This is because Market Makers compete with one another for business.